CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Politics At The Fore

MYR

Spot USD/MYR has added 85 pips in early trade, following Friday's uptick in the gauge of greenback strength. The rate last trades at MYR4.1440, with the local headline flow dominated by political manoeuvres of Malaysia's Premier.

  • PM Ismail Sabri will ink a moratorium of understanding with opposition leaders this afternoon after proposing a sweeping political reform package. His attempts to establish a working relationship with the opposition may help bolster the stability of his Cabinet.
  • Malaysia's parliament reconvenes for its fourth session today. Director-General of Health Noor Hisham said that health authorities in cooperation with the parliament have developed a set of standards operating procedures to reduce the risk of Covid-19 transmission during the sitting.
  • Bulls would be pleased by further gains past the 100-DMA at MYR4.1633, which would bring the 50-DMA at MYR4.1996 into view. Bears need a retreat under MYR4.1300, the low print of Sep 10, before taking aim at the 200-DMA, which intersects at MYR4.1183.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.